Kingsgate grabbing funding to get Chatree back up to speed

THAILAND returnee Kingsgate Consolidated is raising up to circa A$60 million in new equity as it works towards production of 100,000-130,000 ounces per annum for the next 10 years from its recently rebooted Chatree operation.

Kingsgate grabbing funding to get Chatree back up to speed Kingsgate grabbing funding to get Chatree back up to speed Kingsgate grabbing funding to get Chatree back up to speed Kingsgate grabbing funding to get Chatree back up to speed Kingsgate grabbing funding to get Chatree back up to speed

Chatree in Thailand

Institutions are being tapped to buy around $50 million worth of shares priced at $1.50-1.60 each, while a subsequent share purchase plan will seek a further $10 million.

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